TELFS-BUCHEN, Austria—The U.S. and allies on Sunday laid out plans to speculate a whole bunch of billions of {dollars} for infrastructure initiatives in creating international locations in an try and problem autocracies and handle a similar program by China.
President Biden, assembly with the Group of Seven leaders in Germany, said the U.S. would contribute $200 billion over 5 years towards the Partnership for World Infrastructure and Funding, from a $2 billion photo voltaic challenge in Angola to a $600 million submarine telecommunications cable connecting Singapore to France.